Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. Hopefully you enjoy the video! The live announcement can be replayed here: https://twitter.com/CRyanSchadel/status/1366149809397248002 . Takeover Industries is an early stage, pre-revenue beverage venture and will become a wholly owned subsidiary of Labor Smart, Inc. Consummation of this transaction will result in a change of control of Labor Smart, Inc. NXT LVL Hydrogen Water is Powered by H2forLife Technology which ensures a hydrogen water with the highest potency of active hydrogen to unlock the body's potential. At the beginning of the year, LTNC acquired Takeover Industries, which produces sports drinks, such as NXT LVL hydrogen water. A more recent docket listing may be available from PACER . Takeover Industries Overview Update this profile Founded 2021 Status Public Stock Symbol LTNC Investments 1 General Information Description Labor Smart Inc is a United States based company engaged in providing on-demand temporary labor solutions to small and medium-sized businesses. Mike.T@Takeoverind.com, Discover new solutions and ideas from our supplier partners. In consideration therefor, the Company shall issue 6,800,000,000 RESTRICTED shares of . Danny Day, head of research and development for Faith Springs LLC, ranked one of the worlds Bravest Thinkers by Atlantic Magazine, is excited about the partnership. On behalf of the Takeover Industries Inc. team we appreciate the opportunity to work with Mr. Schadel, in continuing the strong relationship with it's shareholders and to bring forth immediate new opportunities in the functional beverage industry," said Pavlik. 954.347.8960. My approach here lets Jason and team build and lets JG focus solely on clean up with a built-in mechanism to raise capital in the future. More information about the potential factors that could affect the business and financial results is included in the Company's filings on sec.gov. Future: Jason Tucker would continue to lead Takeover Industries, Inc. as a wholly owned subsidiary of Metavesco. I write the Special Situation Report.I look at special situations like spin-offs, share repurchases, rights offerings and a lot of M&A events. Takeover Industries, Inc agreed to acquire Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction for approximately $240 million on February 28, 2021. Labor SMART believes it can make a positive contribution each and every day for the benefit of its clients and temporary employees. Learn about the foreign exchange markets of yesteryear and today in this article exploring the past, present, and future of FX trading. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. DUBLIN, March 01, 2023--In accordance with Rule 2.12 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022 (the "Irish Takeover Rules"), Horizon confirms that, as of the close of business on . This will equate to a reverse split of everyone's equity position. Through this Joint Venture, Labor Smart, Inc., via its wholly owned subsidiary, Takeover Industries Inc., will secure a minority equity stake in Faith Springs LLC, and be granted the. ATLANTA, March 01, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. ( LTNC ) (the Company”), a leader in providing on-demand blue collar staffing primarily in the southeastern United States and transitioning into a diversified holding company, has completed the acquisition of Takeover Industries, Inc. Sell Takeover to Metavesco for 1 million MVCO shares. Admittedly, a delay to Q1 2023 would not be that surprising. Takeover Industries, Inc. launched its NXT LVL brand in 2021 with high-profile endorsements that have grown to include boxing legend Manny Pacquiao, UFC champion and Professional Fighter's League. ATLANTA, May 12, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. ( LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover Industries Inc., has entered into a Joint. This will not change the Companys ticker symbol LTNC or the Companys name. He has already started recruiting industry experts to help. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. The investor pages that follow are your resource for financial information about South Jersey Industries. Faith Springs, LLC, Blue Ridge, GA is a privately held health company that manufacturers and develops various products. Takeover Industries, Inc completed the acquisition of Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction on March 1, 2021. Ryan SchadelPresident - Metavesco, Inc., a web3 enterprise. We look forward to launching our new, innovative hydrogen infused water formulation in the coming weeks. Takeover Industries has developed the next generation performance water for everyone from athletes to seniors looking to achieve optimal health, performance and overall wellness. For Takeover Industries, stock forecast for 2027 (5 year), 12 predictions are offered for each month of 2027 with average Takeover Industries, stock forecast of $0.0, a high forecast of $0.0, and a low forecast of $0.0. A group of private equity firms, including Blackstone Group, Carlyle Group and Hellman & Friedman, agreed to buy a majority stake in medical supply manufacturer and distributor Medline. I'm confident Jason Tucker wishes to repair LTNC post spin out. In fact, its stable of machine tool companies made it one of the top U.S. builders of the "mother" machines which make all machines. We also use them to share usage information with our partners. ATLANTA, March 17, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the Company), a leader in providing on-demand blue collar staffing primarily in the southeastern United States, transitioning into a diversified holding company, today announced it has signed a Memorandum of Understanding and will create a Joint Venture with Faith Springs, LLC d/b/a H2ForLife. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Consequently, the board is setting the option strike price substantially higher than the current stock price. Research suggests that boards of directors perform better if November 13, 2022. Hydrogen water is spring water with hydrogen gas infused and suspended into the water. The distinct regulatory path can take a long time and suddenly "out of nowhere" block a deal. As a result, its stock zoomed more than 6% higher on the day, trouncing the less than 0.8% gain of the bellwether S&P 500 index. Vice President of Sales West 954.347.8960 That means situations around companies or the market where the price can move in a certain direction based on a specific event or ongoing event. Dan FidellVice President of Investor Relations, 609-561-9000 ext 7027 Is this happening to you frequently? The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. I hear it is, but is it? Present: There is tremendous opportunity and potential for Takeover products. He did not provide any more detail. Taste Radio: Mr. In the tweet, Rythian claimed to "have it on extremely good word that if Microsoft acquires Activision Blizzard, Sony is going after Take-Two Interactive to counter it.". The . It is what it is. All rights reserved. On May 30, 2019, Harborside Inc. (formerly Lineage Grow Company Ltd.) ("Harborside" or the "Company"), completed its reverse takeover of FLRish, Inc. (d/b/a Harborside) ("FLRish") pursuant to the terms of a merger agreement among the . !Webull Referral: https://act.webull.com/n/pgdglbN3EIff/qxa/If your interested in opening a brokerage account click on the link above and start trading!DISCLOSURE: Some of the links that are connected to this page are affiliate links, which means, this is no additional cost to you. Follow me on Twitter here. We will not release or resell your information to third parties without your permission. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. The company supplies general laborers on demand to the light industries, including manufacturing, logistics, and warehousing; and skilled trades' people and general laborers to commercial construction industries. That's like 3.5%+ on an annualized basis. It serves customers primarily engaged in construction, freight handling, landscaping, warehousing, janitorial, disaster response, light manufacturing, retail, or wholesale operations. NXT LVL Hydrogen Water is Powered by H2forLife Technology which ensures a hydrogen water with the highest potency of active hydrogen to unlock the body's . LTNC peaked at $0.08 at the end of March but since then has crashed over 80%, leaving disgruntled shareholders sitting on huge losses. June 07, 2021 08:40 ET This press release contains statements that constitute forward-looking statements. For its first 56 years, it was a federation of regional agricultural supply cooperatives. This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Whoever owns the Series A Preferred Shares (I lost track) will sell them to James Gissona for $1 each and everyone that is a board member or officer of Labor Smart, Inc. subsequently resigns and JG becomes the CEO and Chairman. South Jersey Industries, Inc. (NYSE:SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. Normally that might not matter. Labor SMART, Inc. provides On-Demand temporary labor to a variety of industries. LTNC has a large block of MVCO stock on its balance sheet that is benefiting from the growth of Takeover. https://twitter.com/StanTradingMan/status/1366183816126214149 . take over: [verb] to assume control or possession of or responsibility for. Gentlemen of the Board of Directors of Labor Smart, Inc., Please see the attached Non-Binding LOI for the acquisition of Takeover Industries, Inc. from Labor Smart, Inc., by Metavesco, Inc. An energy drink brand intermixed with NFT's. I wrote this article myself, and it expresses my own opinions. My solution for both is simple in nature so Ill present it here in that way in a stream of consciousness manner. The point is to make money with risks under control. Apparently, a big name in tech and entertainment is considering making a play for Take-Two. For example, in 2015, ketchup maker H.J. The board discussed the challenges associated with utility acquisitions several times during negotiations. I saw in a court filing last week a lender has now sent a demand letter and put the company in default. Given my hypothesis in #1, current shareholders are going to be really dependent on a future with LTNC trading and engaged in a growing industry. I'm not here to judge. The company can then choose its destiny. If I take in all the above, I'm inclined to believe the market may somewhat overestimate the risk of a deal break. The Motley Fool has a disclosure policy. Takeover deals can be paid in cash, stocks, or both depending on the mutual agreement of parties. If you experience any issues with this process, please contact us for further assistance. Takeover Industries, Inc. v. Stanley Barsch et al RSS Track this Docket Docket Report This docket was last retrieved on June 24, 2021. STE 118 52 Cave Creek , AZ 85331United States. I have been doing research in ways to solve global issues since 1994. The management team of Takeover Industries, Inc. has taken certain actions over the past year to continue the Company's focus on becoming a global force in the beverage industry. In . Labor Smart, Inc. ATLANTA, June 07, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the Company), previously announced via Twitter, that the Companywould entertain offers to sell its Registered Trademark, 'Labor Smart', US Trademark Registration number 4311630 (Trademark). ATLANTA, March 01, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. ( LTNC) (the "Company"), a leader in providing on-demand blue collar staffing primarily in the southeastern United States and. Stockhouse.com is owned by Stockhouse Publishing Ltd. 2019 Stockhouse Publishing Ltd. All rights reserved. I/we have a beneficial long position in the shares of SJI either through stock ownership, options, or other derivatives. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Heres What Hedge Funds Think About Tootsie Roll Industries, Inc. (TR) Insider Monkey. What I care about is the future of Takeover and the future for Labor Smart shareholders. It's not coming from any sources that can be considered authoritative. South Jersey Industries, Inc. ( NYSE: SJI) is a small utility with a market cap of ~$3 billion, primarily serving New Jersey customers. It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). I'm interested in what quants do, options traders do, and even what WallStreetBets is doing (keep your friends close and). All things considered, I think this is a reasonably attractive risk/reward and like this as an addition to my portfolio. Looking for a portfolio of ideas like this one? The investor pages that follow are your resource for financial information about South Jersey Industries. The Company generates income as a liquidity provider on decentralized crypto exchanges and invests in promising NFT projects and virtual land, primarily on EVM protocols. Conclusion Is Vision Tech more or less likely to receive a hostile takeover bid? Cookies are used to offer you a better browsing experience and to analyze our traffic. The non-recurring implementation costs are estimated at 75 million. In this section you will find information about our current and historical share price, analyst coverage, SEC filings, an electronic version of our annual report as well as forms to request additional information. Assuming LTNC does get a spin out done of Takeover, it's unlikely to be on a 1:1 share basis. Eric Volkman has no position in any of the stocks mentioned. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Labor SMART, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. --Labor SMART, Inc., announced that its recently acquired subsidiary, Takeover Industries Inc., has officially signed an endorsement deal with Manny Pacquiao and The Manny Pacquiao Foundation.. In this section you will find information about our current and historical share price, analyst coverage, SEC filings, an electronic version of our annual report as well as forms to request additional information. That's not an insignificant amount on a $3 billion market cap utility and comes to $2 of value per share in case of a deal break. According to some resources, adding hydrogen gas to the water increases its health, wellness and antioxidant properties. The Company also operates a restaurant franchise and is seeking additional opportunities outside of the staffing industry. This eclectic and creative style of investing seems to suit my personality and interests most closely. Labor SMART, Inc. Completes Acquisition of Takeover Industries, Inc. CEO to Retire Half Billion Shares . If you have an ad-blocker enabled you may be blocked from proceeding. Takeover Industries, home of NXT LVL @TakeoverInd Takeover Industries Inc | Official Home of NXT LVL Hydrogen Rich Water & Innovative Fitness Technology Performance Beverages #NXTLVL#NXTLVLNation#TeamNXTLVLUp Nevada nxtlvlusa.com/collections/dr Joined February 2021 Tweets 2022 Twitter About Help Center Terms Privacy policy Cookies Cave Creek , AZ 85331. Address. More importantly, it is a utility. Metavesco is a publicly traded web 3 enterprise. ATLANTA, May 12, 2021 (GLOBE NEWSWIRE) -- Labor SMART, Inc. (LTNC) (the "Company"), announced that its recently acquired subsidiary, Takeover Industries Inc., has entered into a Joint Venture. The ONLY event dedicated to convenience category managers. A Euronext spokeswoman declined to comment . Delayed OTC Markets Investopedia. More information about the potential factors that could affect the business and financial results is and will be included in Labor SMART, Inc.'s filings with OTC Markets.com. If this is truly a long term play for Takeover Industries, why not have someone who can create graphics or an actual digital media/internet marketing expert who can run the website? Please. The resultant company, Warner Bros. TDs (TSX:TD) $13.4 billion First Horizon acquisition delayed again? 29455 N Cave Creek Rd. Mike Tzanetatos Named Chief Operating Officer of Takeover Industries Takeover Industries, the parent company of award-winning NXT LVL Hydrogen Water and energizer shots, announced Mike Tzanetatos will take a senior leadership role as the company's chief operating officer. Tootsie Roll Industries (NYSE:TR) Shareholders Have Enjoyed A 57% Share Price Gain. This deal isn't out of the woods yet. Simply Wall St. May-02-19 02:41PM. Access additional case information on PACER Use the links below to access additional information about this case on the US Court's PACER system. Takeover Industries, Inc. is a subsidiary of Labor Smart, Inc. (LTNC) (the "Company"). Mineralys Therapeutics Presents Positive Lorundrostat Results from the Phase 2 Target-HTN Trial 89bio Presents New Analysis of Data from Phase 2 ENTRIGUE Trial of Pegozafermin in Patients with New Analyses of Sotagliflozin Showing Time to Clinical Benefit Presented at The American College Avrupa Minerals Advances their Slivova Project via Partnership with Western Tethyan Resources, ION Energy Resumes Water Well Drilling at Urgakh Naran Ahead of Schedule, Q2 Metals Outlines Exciting 2023 Exploration Program and Acquires 3900 Hectare Stellar Lithium Property, Luminex Extends Cuyes West to Depth, with 5.0m grading 14.47g/t Au Eq and Identifies Wider, High-grade Zone Including 3.0m Grading 39.87 g/t Au Eq, Intermap wins new North American Insurance Software Contracts, The Next Gold Rush will Gold hit $3,500/oz in 2023? GHOST and Cinnabon Unveil new GHOST VEGAN AND WHEY Flavor Collab, Shake Up: How Cocktail Veterans Are Staking a Claim to RTDs, Hard MTN Dew Releases First New Flavor Addition: Livewire in Single-Serve Cans, Del Papa Distributing Announces $50,000 Match Grant Challenge to Support Southeast Texas Food Bank, Benriach The Sixteen Returns to Core Lineup, Spritz Society Collaborates with The Skinny Confidentials Lauryn Bosstick on Exclusive New Flavor: Pink Lemonade, Garden District Taproom: West Palm Beachs First Self-Pour Experience Opens This Month, San Diegos Second Chance Beer Company to Release Fistful of Gummies Berry Edition in Celebration of Womens History Month, Ntrl Vodka Seltzer Taps Chloe Fineman To Star In First National, Integrated Campaign: Ntrl. Dec 28, 2021. Most of my work until 2012 was in climate change and hydrogen, then switched to health when my 82 year-old father was diagnosed with stage 4 cancer, said Day. Rythian added that three of his "trusted and almost always correct sources" confirmed this. Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. The takeover proposal comes after Boustead posted a net loss of 402.3 million ringgit ($89.9 million) for the fourth quarter of 2022, swinging from a net profit of MYR78.6 million a year ago. Labor SMART was founded to provide reliable, dependable and flexible resources for on-demand personnel to small and large businesses in areas that include construction, manufacturing, hospitality, event-staffing, restoration, warehousing, retailing, disaster relief and cleanup, demolition and landscaping. Metavesco assumes that debt. I highly recommend it (pick episodes around topics that interest you) for the amazing guests that come on with regularity. However, a few things are mitigating my concerns about this deal. Joe Pavlik, LTNC CEO & Takeover Industries President and Chief Science Officer, said, "After review, our executive team has determined that the Trademark does not fit into the long-term plan. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Labor SMART, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. Contacts:Labor SMART, Inc.ir@laborsmart.com. Apparently, the company will make a play to buy Take-Two if Microsoft succeeds in its determination to acquire Take-Two's fellow video game maker Activision Blizzard. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Also, in the announcement, it was disclosed that Mr. Joe Pavlik would be appointed as the new President and CEO of Labor Smart, Inc. Mr. Pavlik comes to the Company with over 20 years' experience as an executive, with extensive experience in all areas of the health, fitness and the performance nutrition industry. Team Takeover members launched major brands with top-tier distributors including Pepsi, Budweiser, Coors and Miller Distributors, Whole Foods, and brands such as Sobe, Arizona Iced Tea, Xyience, and Ignite International. I have no business relationship with any company whose stock is mentioned in this article. | Source: CUMMING, GA / ACCESSWIRE / November 14, 2022 / Metavesco, Inc. (OTC PINK:MVCO) (the "Company"), a leading publicly-traded Web3 enterprise, today disclosed it sent the below open letter to the Board of Directors of Labor Smart, Inc. and a Non-Binding Letter of Intent to acquire Takeover Industries, a wholly owned subsidiary of Labor Smart, Inc. It is currently one of the company's main operations and a major step to diversify the company's business from its personnel services. A hot rumor was behind the significant upward move. At South Jersey Industries Inc. , we promise to treat your data with respect and will not share your information with any third party. dfidell@sjindustries.com. The Company is now focused on its subsidiary, Takeover Industries Inc. and rapidly expanding the NXT LVL Line of functional beverage products." April 16, 2021 - 8:25 am. Pursuant to the Agreement, the Seller became a wholly owned subsidiary of the Company. Psyence Group: pioneering the use of natural psychedelics for mental health and wellbeing, The best gold opportunities in Quebec lie in the James Bay region thanks to this Canadian-based exploration company, The tech company making the most gains on the TSX. Financial Market Data powered by QuoteMedia. The One With The Umlaut, Harpoon Launches Limited Edition Sticky Bun Stout with Flour Bakery + Caf, Tennessee Brew Works & Turner Hus Brewery Collaborate, Migration to Release Salty Mule Gose for 8th Annual SheBrew Festival. Classified ads from suppliers & service providers, Cannabis-infused food and beverage products, Non-alcoholic functional beverage products, Alcoholic beverage products and brand updates, Companies that support food, beverage and beer brands, Thank you to our 1200+ charter subscribers, Submit your news / press releases to BevNET, A showcase of up-and-coming beverage brands, Brand Ambassador, California - Geloso Beverage Group, District Manager, South Carolina - Geloso Beverage Group, TN Key Account Manager - Geloso Beverage Group, Green Day: Crafts Quest to Reclaim Absinthes Reputation, DFA Looks To Younger Milk Drinkers, Partners With Good Culture. By providing your email address below, you are providing consent to South Jersey Industries Inc. to send you the requested Investor Email Alert updates. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Labor SMART, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The deal, announced live on Twitter via @CRyanSchadel on Sunday February 28, 2021, calls for the issuance of 6.8 billion common shares, RESTRICTED for 12 months, for the acquisition. Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of . Shareholders and interested parties are encouraged to follow @TakeoverJoe on Twitter for all future Company updates, which will include material information about the Company. To make the world smarter, happier, and richer. In June 2008, Euro-Brazilian beverage company, InBev, made an unsolicited bid for iconic American beer brewer, Anheuser-Busch. If the deal breaks, the losses could very well amount to something like $8 to $12 per share. The letter of intent contained a non-binding offer to purchase Takeover Industries in stock and assumed debt. Neither Take-Two nor Sony has yet commented on this speculation. The buyer seems favorable, there is a big termination fee and utilities have performed well since deal announcement. ir@laborsmart.com, Get the latest news and updates from Stockhouse on social media, Stockhouse.com uses cookies on this site. As Chairman James Gissona will immediately being the process to put LTNC into receivership or custodianship with the following post deal goals: Mr. Gissona knows what needs to be done to get these checked off. While this deal is awaiting approval, shareholders also receive dividends at quarterly intervals. Twitter FURUs continuously say that this stock will be worth $1-$5 long-term. Can't expand too much on that but you know where I'm going here, I think. In the first 100 days, the NXT LVL brand was launched, entered into a unique endorsement and joint venture agreements, and launched three . The most exclusive conference for convenience executives, Empowering and developing women in the c-store industry, Assumption of Risk and Waiver of Liability. The average Takeover Industries, stock forecast 2027 represents a -70.82% decrease from the last price of $0.00219999998807907. We need to drive revenue in a big way. I am not receiving compensation for it (other than from Seeking Alpha). These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Labor SMART, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. By continuing to use our service, you agree to our use of cookies. IIF didn't just talk but also walked the walk as it agreed to a $255 million termination fee. Takeover Industries, Inc agreed to acquire Labor Smart, Inc. (OTCPK : LTNC) in a reverse merger transaction for approximately $240 million on February 28, 2021. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The hot gossip is that none other than Japanese tech and entertainment giant Sony (SONY 2.88%) is the interested party. On June 22nd, Stan deleted his Twitter account and LTNC's parent company Takeover Industries is suing Mr Barsch for stock manipulation. The end result is a unique premium hydrogen water for consumers who desire improved mental clarity, accelerated physical recovery, and overall wellness through oxidative stress relief. Im confident weve found that partner with the seasoned team of industry veterans at Takeover Industries Inc., New Labor Smart Inc., CEO & Takeover Industries President Joe Pavlik commented, This is truly a significant milestone for the Company, as this lays a solid foundation for future product development. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Labor SMART, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.